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Partnership Act, 1932, Section 14-- Suit for dissolution of partnership - Assets of the firm - Tenancy rights of the firm has to be treated as part of its goodwill - In determining the assets of the firm on its dissolution, tenancy rights have to be valued along with the goodwill - They have to be taken into account at the final..........

Partnership Act, 1932, Section 14-- Dissolution of partnership firm - Tenancy rights are the asset of the firm - Price of tenancy right has to be determined in accordance with law - The most feasible method is to auction such tenancy right among the partners of the dissolved firm so that successful bidder be entitled to have such..........

Partnership Act, 1932, Section 42-- Partnership - Dissolution - On happening of certain contingency - In case of death of a partner, the partnership firm stands dissolved except when there is an agreement to the contrary between the parties...........

Partnership Act, 1932, Section 48-- Partnership firm - Dissolution - For dissolution of partnership firm there must be settlement of accounts between the parties and there should be share of profit or loss to which each partner was entitled - Oral evidence cannot be accepted to prove dissolution of partnership firm...........

Partnership Act, 1932, Section 48-- Partnership firm - Dissolution - No evidence showing dissolution of the firm or settlement of accounts in terms of S.48 of the Act - Mere fact that plaintiff dealt with a firm which was run by the defendant could not lead to the conclusion that the firm stood dissolved after the settlement of..........

Partnership Act, 1932, Section 44-- Partnership - Dissolution of partnership firm - Clause in partnership deed of referring all the matters of difference between the parties to arbitrator - Held, arbitrator has power to decide whether or not the partnership shall be dissolved and to award its dissolution...........

Arbitration and Conciliation Act, 1996, Section 7, 8-- Dissolution of partnership and rendition of account - Petitioner filed an application for referring dispute to arbitrator on the ground that partnership deed contains stipulation that in matter regarding interpretation of deed or any other matter relating to the affair of the firm it shall be..........

Limitation Act, 1963, Article 5-- Partnership firm - Suit for rendition of account and share of profit of a dissolved partnership firm - Suit can be filed within three years from the date of dissolution of the firm...........

Partnership Act, 1932, Section 14, 40, Transfer of Property Act, 1882, Section 5, 54-- Property of partner of a firm used in business of firm - Partnership firm dissolved - Property of partner does not become property of firm merely on permitting it to be used in business of firm - In absence of valid deed of transfer of property to firm, it continues to be the property of the..........